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The 18 Best Affiliate Programs & Networks For Anyone And Everyone

Posted: 30 Sep 2015 06:15 AM PDT

Affiliate Marketing

Image Credit: Flickr

Affiliate marketing, as you might probably know already, is a multi-billion dollar industry and it’s by far the best way to monetize your website or blog — unless you have your own products and services to sell.

If you have a content rich website then there are hundreds of thousands of affiliate programs and affiliate networks available on the web that can make you a fortune. In fact, the secret to six-figure blogging is affiliate marketing.

The reason is pretty simple… if you are monetizing your website with the right affiliate program then it can make a lot of money with little effort (of course you need a content rich website with a handsome amount of targeted traffic).

It’s just that it takes some time to figure out what’s converting and what’s not.

So first things first.

Affiliate Programs & Affiliate Networks: What’s What, And What’s Not?

Affiliate programs are also called associate programs and it’s a deal between an advertiser and a publisher. For instance, if I’ve a created a software and is promoting and selling it via my blog then I can also generate additional income by inviting my blog readers to promote it in exchange for a commission.

So let’s say, if you referred a buyer for my newly created software product then I offer you a 50% commission (or 50% of the additional income that I have generated because of you). So if you refer more people to me then you make more income.

That’s why affiliate marketing is also known as performance marketing. And it’s a win-win, right?

Now if I have the resources then I can run an affiliate program by myself — within my own blog or website — and then it called an in-house affiliate program. But if I don’t have the resources or don’t want to manage it myself then I can sign up as an advertiser on an affiliate network.

Read: What Is Affiliate Marketing And How Does It Work?

An affiliate network is a hub that connects an advertiser and a publisher. In other words, it’s a hub for thousands of affiliate programs on the web.

All the affiliate networks have their own tracking, reporting, and payment system. And they all may be focusing different niche, location, promotions, etc. with a pool of advertisers — and that makes all of them different.

Sometimes an advertiser can have presence on multiple affiliate networks and still have their own in-house affiliate program.

Perhaps the best thing about an affiliate network is that when you join one of them, you get immediate access to hundreds of thousands of affiliate programs on the web — that you couldn’t reach otherwise.

Now, don’t get confused with affiliate network and ad network. For instance, Google AdSense is NOT an affiliate network but rather an ad network that pays you for “clicks” and not for “sales”.

So if you referred a sale worth $100 to an advertiser on Google AdSense (who already have an in-house affiliate program that pays 50% commission) then you might have made $1 or maybe $2 with Google AdSense.

But if you did it as an affiliate marketer then your earnings could have been $50.

Don’t Miss: Over 41 Google AdSense Alternatives To Make Money Blogging

Affiliate Programs: What You Need To Know?

Different affiliate programs (in-house and the ones on various affiliate networks) follows different models. An affiliate program model can be: Cost Per Action (CPA), Cost Per Lead (CPL), Cost Per Sale (CPS), or even Cost Per Click (CPC).

  • Cost Per Action (CPA) model pays you for specific actions and it can be simple form submissions, downloads, surveys, etc.
  • Cost Per Lead (CPL) model pays for leads and it’s usually a “signup” that involves email or credit card verification (because it makes the lead more valuable).
  • Cost Per Sale (CPS) model pays for actual sales and it means they share a percentage of sale value with you.
  • Cost Per Click (CPC) model as you probably know pays for “clicks” — no matter whether your referral traffic helped them generate a lead/sale or not.

Quick View — Click To Scroll

The Best Affiliate Networks

Here’s a hand-picked list of some of the best affiliate networks on the web. So you don’t have to! :)

I have considered brand equity, Alexa traffic rank, user experience, and my own personal experience to shortlist them. And I have highlighted the Alexa rank, payout details, and the types of affiliate offers supported by each network for your quick reference.

Also, I have indicated whether they have a referral program as well. If an affiliate network has a referral program then it means that you can refer other publishers to them and earn a percentage (or a one-time bonus) of their income.

1. CJ Affiliate

CJ Affiliate

CJ Affiliate was formerly known as Commission Junction (or simply CJ) and it’s the most popular affiliate network (and also my personal favorite).

It’s one of the oldest affiliate network and that’s why it’s the preferred affiliate network of Fortune 500 companies and major online retailers.

Commission Junction is my personal favorite as they have an unmatched pool of advertisers that we can’t find elsewhere. Also, I’m very much happy with their user interface, payment system and the customer support.

And what’s more exciting about CJ is that advertisers often pay premium commission rates for CJ publishers when compared to other affiliate networks or even their own in-house affiliate program.

For instance, majority of the web hosting companies offer 30-50% higher commission on the CJ network when compared to their in-house affiliate program.

Now one thing that I hate about CJ is their tracking system. It’s not real-time and sometimes it doesn’t track sales/leads at all. So it’s very much possible that you might miss commissions for some sales/leads that you have generated.

Anyway, I’m still happy as the payouts are not delayed unlike any other affiliate or ad networks.

For instance, if you have referred a sale in January then you can get paid in February itself. I said “CAN” as it depends upon the affiliate program that you are promoting.

That is, CJ reviews all the leads/sales that you have generated in the previous month on or around the 10th day of every month. So, an advertiser can approve a transaction or extend it for 30 days (or even deny) on that day.

It’s applicable to almost any affiliate network out there as most of the things that we buy online involves a money-back guarantee. So if the customer that you have referred asked for a money-back then the advertiser can void your transaction.

If the transaction is approved then you get paid in the same month itself — around 20th of every month. It basically means if an advertiser do not extend transactions, then you will get paid on the 20th of a month itself even if you referred the sale on the 30th of the previous month.

However, if you are a new publisher then it should take an additional month or so as they monitor new publishers pretty closely.

It should take some time to get familiar with the interface, reports, etc. of CJ.com. But it’s applicable to all networks as they all have their own way of reporting and tracking system.

And their customer support is excellent. You get one-to-one support via email or phone and you also get dedicated affiliate account representatives when you are generating sales/leads consistently to an advertiser.

One more thing… it’s free to join the CJ Network and no special website requirements are there. Once your application is approved, you can simply sign in  to CJ Account Manager and apply to different affiliate programs.

Some of them approve publishers immediately while others approve manually after reviewing your account/website. But you need a quality website to get approval for individual affiliate programs as big brands on the CJ Network approve publishers manually.

However, you can contact the advertiser directly if you got denied but believe that you can promote them in a great way.

And it’s worth to mention that CJ deactivates a publisher account if it doesn’t generate a commissionable transaction for six months. That’s not all, you will also be charged a $10 dormant account fee.

It means that, if you referred a sale and earned $10 in commissions then it will be reversed if you didn’t generate any income over the next 6 months. But there’s no negative billing and you won’t be charged ever for keeping your account idle and not generating any sale at all.

  • Alexa Rank: 2,142
  • Minimum Payment Amount: $100 (Check); $50 (Direct Deposit)
  • Payment Method(s): Check, Direct Deposit
  • Programs Offered: CPA, CPL, CPS, CPC
  • Referral Program: No

2. ShareASale

ShareASale

ShareASale is perhaps the most admired affiliate network with over 4,000 affiliate programs. There are so many affiliate programs on the web that are exclusive to ShareASale. So if you are unable to find an advertiser in CJ then most probably it’s there at ShareASale.

And ShareASale also has a lot of similarities with CJ like user experience, payment, dormant account policy, and affiliate program types. So yes, all inactive ShareASale accounts will be deactivated if its balance is less than $25.

Or, you will be charged $25 per month (if the account balance is over $25) until it becomes zero and is then closed.

And if there is something that I particularly like about ShareASale then it’s their tracking system. It’s real-time and the payment system is also very reliable (just like CJ).

  • Alexa Rank: 707
  • Minimum Payment Amount: $50
  • Payment Method(s): Check, Direct Deposit
  • Programs Offered: CPA, CPL, CPS, CPC
  • Referral Program: Yes

3. Rakuten Affiliate Network

Rakuten Affiliate Network was formerly known as LinkShare and is dubbed as the number one affiliate network — for several years now — in affiliate surveys.

Anyway, it doesn’t make much sense to me as the number of advertisers on LinkShare is far less when compared to CJ (or even ShareASale).

However, there are few hundred brands who prefer LinkShare and they do not have an affiliate program elsewhere.

  • Alexa Rank: 3,995
  • Minimum Payment Amount: $50
  • Payment Method(s): Check, Direct Deposit, PayPal
  • Programs Offered: CPA, CPL, CPS, CPC
  • Referral Program: No

4. Affiliate Window

Affiliate Window

Affiliate Window is one of the best affiliate network in Europe with an advertiser and publisher base of over 1,500 and 75,000 respectively. It’s got a user-friendly interface with real-time reporting.

Affiliate Window even supports deep linking so that you can link to any web page on the advertiser’s website using your affiliate link.

Also, they pay publishers twice every month and the minimum payment amount is also low (when compared to other ad networks).

  • Alexa Rank: 9,398
  • Minimum Payment Amount: $20/£20
  • Payment Method(s): Check, Direct Deposit, Wire Transfer
  • Programs Offered: CPA, CPL, CPS, CPC
  • Referral Program: Yes

5. eBay Enterprise Affiliate Network

eBay Enterprise Affiliate Network was formerly known as Pepperjam Network and now it’s got over 1,500 advertisers and 200,000 publishers.

  • Alexa Rank: 18,610
  • Minimum Payment Amount: $25
  • Payment Method(s): PayPal
  • Programs Offered: CPA, CPL, CPS
  • Referral Program: Unknown

6. Tradedoubler

Tradedoubler

Tradedoubler is perhaps the most popular affiliate network in Europe with over 2,000 advertisers. If you live in U.S. then I guess you can focus on the above networks itself as they are more popular in the U.S.

Because there’s a very good chance that you won’t find an American retailer in Tradedoubler and likewise if you live in Europe then your favorite retailer could be there in Tradedoubler (and not in any of those American networks).

  • Alexa Rank: 1,773
  • Minimum Payment Amount: €70
  • Payment Method(s): Direct Deposit
  • Programs Offered: CPA, CPL, CPS
  • Referral Program: Unknown

7. Zanox

Zanox is another affiliate network popular in Europe with over 4,000 advertisers. Some of these European affiliate networks becomes important when they have an exclusive relationship with a brand.

For instance, the super-popular handmade marketplace Etsy.com’s affiliate program is powered by Zanox. So you will need a Zanox publisher account to become an affiliate of Etsy.

  • Alexa Rank: 2,109
  • Minimum Payment Amount: €25
  • Payment Method(s): Check, Direct Deposit, Wire Transfer
  • Programs Offered: CPA, CPL, CPS, CPC
  • Referral Program: Unknown

The Best CPA Affiliate Networks

A CPA affiliate network is somewhat different from the affiliate networks listed above. However, you can see that almost all the affiliate networks listed above offers CPA programs and yet they were not classified as a “CPA Network”.

The reason is pretty simple… an affiliate program on a CPA affiliate network never pays for clicks or impressions — but there are a lot of affiliate programs on CJ.com that pays for clicks (though it’s very rare).

Also, the primary goal of an affiliate program on a CPA affiliate network is to get a lead and the primary goal of an affiliate program on any other affiliate network is to get a sale. There’s a difference, eh?

On CPA affiliate networks, the advertisers pay for specific action. It can be sale, a survey, form submission, download, or anything that requires an action by the visitor so that it can be tracked and can be paid for.

That said, most of the CPA networks also offers a ton of CPL and CPS affiliate programs as well. It’s just that they are more recognized for their “CPA Offers”.

For instance, if I’m an advertiser and I have a “toolbar” to promote then the best platform could be a CPA network — and never a premium affiliate network like CJ.com, or ShareASale.com — to build a userbase in no time.

Again, if I’m a publisher who owns a high-traffic file sharing site then CPA affiliate programs should generate the maximum affiliate income (obviously, Google AdSense and CJ.com tends to deny such websites).

As all the CPA networks that I have cherry-picked are similar in nature, so I will just avoid the descriptions and make the list simpler.

8. MaxBounty

MaxBounty

  • Alexa Rank: 9,023
  • Minimum Payment Amount: $100
  • Payment Method(s): Check, Direct Deposit, Wire Transfer, PayPal, Payoneer, Bitcoin
  • Referral Program: Yes
  • Quick Links: Sign Up | FAQ

9. PeerFly

PeerFly

  • Alexa Rank: 12,112
  • Minimum Payment Amount: $50
  • Payment Method(s): Check, Direct Deposit, Wire Transfer, PayPal, Payoneer
  • Referral Program: Yes
  • Quick Links: Sign Up | FAQ

10. FlexOffers

  • Alexa Rank: 23,139
  • Minimum Payment Amount: $50
  • Payment Method(s): Check, Direct Deposit
  • Referral Program: Yes
  • Quick Links: Sign Up | FAQ

11. Clickbooth

  • Alexa Rank: 33,747
  • Minimum Payment Amount: $50
  • Payment Method(s): Check, PayPal
  • Referral Program: Yes
  • Quick Links: Sign Up | FAQ

The Best Automated Affiliate Networks

All the affiliate networks that are listed so far are DIY networks. Sort of. That is, you have to sign up as a publisher, apply for individual affiliate programs and then manage it.

Now there’s another category of affiliate networks, and let’s just call it “automated affiliate network”. Wondering Why? Because it literally automates all the processes like advertiser selection, affiliate link placement, reporting, etc.

It works like this. Instead of partnering with advertisers they have partnered with various affiliate networks like CJ, ShareASale, etc. so that when a publisher is linking to a merchant (using direct links) it converts the regular links into affiliate links.

And the best thing is… if you are already using an affiliate link then it doesn’t convert at all. It’s that easy. All you need to do is paste a code on all the web pages that you want to monetize. If you are a web developer then you know that it takes just minutes. ;)

12. Skimlinks

Skimlinks

Skimlinks is a ‘cool’ automated affiliate networks that gives access to over 20,000 merchants. And it basically means that, when you join any of them you get immediate access to over 20,000 affiliate programs without the hassles like sign up, application, affiliate code generation, etc.

There’s absolutely no cost to join Skimlinks and it works on a revenue split model. They cut 25% of the affiliate income generated from your website. Skimlinks also offers a referral program and they give you 35% of what they earn for a year from all your referrals.

  • Alexa Rank: 15,952
  • Minimum Payment Amount: $10
  • Payment Method(s): Direct Deposit, PayPal
  • Programs Offered: CPA, CPL, CPS, CPC
  • Referral Program: Yes

13. VigLink

VigLink claims that it’s got over 45,000 advertisers but more or less everything seems similar to Skimlinks. Like Skimlinks, VigLink takes a 25% cut of the affiliate commissions generated from your website or blog. And their referral program also works exactly like Skimlinks. You get 35% of what they earn for a year from your referral.

  • Alexa Rank: 6,321
  • Minimum Payment Amount: $10
  • Payment Method(s): PayPal
  • Programs Offered: CPA, CPL, CPS, CPC
  • Referral Program: Yes

The Best Affiliate Programs

You can always avoid an affiliate network and join an advertiser’s in-house affiliate program (when it’s available) if you want.

Here is a list of some of the most popular affiliate programs on the web.

And remember, they are all in-house affiliate programs so you can’t find it on any of those affiliate networks listed above or elsewhere.

Also, the choice of an affiliate program (or even a network) should strictly be based upon your website’s audience interests.

For instance, if you have an audience that’s already known to purchase online then the perfect affiliate program could be the one offered by Amazon.com.

Who haven’t bought something from Amazon, eh?

14. ClickBank

ClickBank

ClickBank is the most popular marketplace for digital products with over 6 million products and 200 million customers. In other words, ClickBank is the Amazon for digital products.

So if you are looking for a guide (or an ebook) then you can search the ClickBank marketplace and if it’s there then you can instantly purchase and download it — there’s no need to wait.

And if you’re a digital product creator, then it’s super-easy (and cheap too) to sell your products on ClickBank. And that makes the ClickBank Affiliate Program one of the best around.

As a ClickBank affiliate, you can get up to 75% commission on all sales (including recurring payments).

  • Alexa Rank: 1,584
  • Minimum Payment Amount: $10
  • Payment Method(s): Check, Direct Deposit, Wire Transfer
  • Referral Program: Yes
  • Quick Links: Sign Up | FAQ

15. Digital River

oneNetworkDirect by Digital River is again an affiliate network for digital products.

16. iTunes Affiliate Program

iTunes Affiliate Program lets you promote the millions of songs and thousands of apps, books, movies, etc. on iTunes and earn a commission for all sales referred by you.

17. Amazon Associates

Amazon.com Associates

Amazon Associates is perhaps the web’s most popular affiliate program.

And you know the reason? Yes, that’s right!

Amazon is the biggest online retailer in the U.S. and is one of the most popular company in the U.S. (and world too).

Amazon is so huge that it’s got over a million products that you can promote on your website or blog and make money.

Amazon pays up to 10% commission for all affiliate sales. Since the inventory on Amazon is so diversified, the commission rate changes frequently.

You can link to any web page on Amazon and get paid for all purchases made by your referral — for more details, head here.

  • Alexa Rank: 6
  • Minimum Payment Amount: $10 (for Direct Deposits & Gift Certificates); $100 (for Check payments)
  • Payment Method(s): Check, Direct Deposit, Amazon.com Gift Certificate
  • Quick Links: Sign Up | FAQ

18. eBay Partner Network

eBay Partner Network

eBay Partner Network represents eBay.com’s and its partners’ affiliate programs across the world. The commision rate depends upon the category of products that you are promoting.

For more details, go here. And you also get a bonus for referring new eBay buyers.

  • Alexa Rank: 17
  • Minimum Payment Amount: $25
  • Payment Method(s): Direct Deposit, PayPal
  • Quick Links: Sign Up | FAQ

Even more? Try!

…and much more.

Don’t Miss: Over 121 Websites For Anyone And Everyone To Make Money Online

BONUS: Finding The Best Affiliate Programs

Well, finding a product to promote can be a bit tricky. But if you are unable to find out an affiliate program then start with the products that you are using personally (or something you are very much familiar or knowledgeable).

Or, simply sign up on any of those affiliate networks and can then explore the different affiliate programs available (there are thousands to explore).

But remember, it’s always best to promote only the products that you have used because people buy that experience.

That way, you can just tell your audience about how effectively you are using something or how you find something useful and how they also can make use of it.

And it’s absolutely fine if so many others are promoting the same product as long your perspective and experience matters.

If you simply show a banner ad or a text link of your favorite products on your website then people may not even notice it.

You can always go to your favorite thing’s website to see if there is an affiliate program. If they do, then there must be an “Affiliates” section on their website and you can sign up there.

For instance, you love Walmart, Groupon, Woot, Expedia, BestBuy, Intuit, etc.? Good. They all have an affiliate program. Or, you can simply search your favorite products name + “affiliate program” on Google.com.

And another surefire way to find the best affiliate program for your website is “competitor analysis”. Just pay attention to all the products that your competitors are promoting aggressively. If it’s working for them then it should work for you as well.

Closing Thoughts

There are a bunch of affiliate programs available for almost any niche on the web. But it’s somewhat difficult to say what’s going to work for you and what’s not.

The only real way to find out the best affiliate program for your website is by analyzing your website’s traffic and learning the audience interest.

And then, test, test, and again test — different advertisers and their offers.

If you have a niche website that’s getting a lot of targeted traffic then monetizing it with the right affiliate program can make hundreds of thousands of dollars in almost no time.

Happy Marketing! :)

The 18 Best Affiliate Programs & Networks For Anyone And Everyone is a post by Minterest

The Fantastic Ten Tools (Free) To Skyrocket Your Productivity

Posted: 23 Sep 2015 07:01 AM PDT

Productivity

As a student, a professional, a business person, or a freelancer — you might want to remain productive all the time.  And, as you probably know, there are a bunch of tools and apps on the web that can make you super-productive.

Of course, I’ve already published a handful of 101 listicles featuring productivity tools, marketing tools, social media tools, browser extensions, etc. but the problem is they are all huge lists.

And I obviously haven’t tried all of them personally as my goal was to find and list the best of the best tools (in each category).

So today, I am sharing with you my favorite productivity tools and apparently they’re the tools that I can’t live without. And no, it doesn’t include any social networks, or instant messengers, or messaging apps, or even any paid tools.

Just ten free productivity tools — and it’s for anyone and everyone. That’s it!

And I’m calling it: “The Fantastic Ten”.

Quick Glance:

  1. Gmail #Email
  2. Sunrise #Calendar
  3. Evernote #Notes
  4. Wunderlist #Tasks
  5. Feedly #News
  6. Pocket #Save
  7. Dropbox #Cloud
  8. OneNote #Planner
  9. IFTTT #Automate
  10. Chrome #Browser

Productivity Tools: The Fantastic TenThe Fantastic Ten Productivity Tools

A quick word, none of the tools that I have listed here is a desktop-only or mobile-only app. All of them works perfectly on a computer, tablet, and a mobile device — and syncs magically.

And that exactly is the reason why the awesomest pomodoro timers, remote desktops, screen captures, and the like are missing here.

But you can always check out my Productivity Tools 101 for (almost) all things productivity.

Also, all the tools that I have listed here are free and it’s perfect for personal usage (but may not be the best choice for business users).

1. Gmail

Gmail is my all time favorite. And I know what you are thinking right now. Well, you’re right! Gmail is, of course, the web’s favorite email service and is known to everyone. But I bet you must be missing many of its incredible features.

I have already shared over over 71 Gmail tips and tricks and I’m sure that you will never use Gmail the way you used to once you read it. And then you will know why Gmail is on top of my list.

Again, if you are a mobile centric person then you can further enhance your Gmail experience by using Mailbox (available on iOS, Android and OS X) or Outlook (available on iOS and Android) instead of using the official Gmail app by Google.

And you can also try Inbox by Gmail — if you want to use Gmail as a task-manager as well.

Don’t Miss: Over 71 Gmail Tips & Tricks To Make You A “Gmail Ninja”

2. Sunrise

Sunrise Calendar

Sunrise is a calendar app for desktop and mobile that works seamlessly on all your devices. What’s so special about Sunrise is that it’s not a calendar app by itself.

You need to add your preferred calendars (and task managers too) to it so that you can access and manage all of it — from within the Sunrise app.

Sunrise supports a dozen of calendar and task manager services like iCloud, Outlook.com & Office 365, Google Calendar & Tasks, Facebook Events & Birthdays, Wunderlist, Todoist, Asana, Trello, Evernote, LinkedIn, Twitter, etc. so that you can access everything from a single space.

3. Evernote

Evernote

Evernote is so popular that there can’t be productivity list without it. It’s one of the best productivity app that’s equally useful to kids, writers, entrepreneurs, professionals, homemakers, or virtually anyone who want to “Remember everything”.

And if there is something that made it massively popular then I believe it’s because of its simplicity and the cross-platform compatibility (yes, it works like a charm on all your devices).

Oh yeah, I have already shared over 51 Evernote tips and tricks to make you an "Evernote Ninja". So don’t miss it and you will definitely fall in love with Evernote (if you aren’t already).

Don’t Miss: What Is Evernote, Anyway? 51+ Tips To Make You An Evernote Ninja

4. Wunderlist

Wunderlist

My favorite task manager was Todoist and I still like it because of its simplicity. But I was unhappy about its syncing and that most of the essential features were part of the premium version.

For instance, you need a premium account to enable “Reminders” on Todoist. Reminder is an essential feature of any task manager app, right? In fact, even the premium version didn’t solve the syncing problem.

So I was obviously looking for a free alternative and tried Wunderlist (when Microsoft acquired it). And when I started using it, I was immediately convinced that it’s the best task manager app — that’s free.

And the best thing about Wunderlist is that… the syncing is perfect and almost all the features (including ones that are premium at Todoist) are free. Of course, they also have a premium version but you probably don’t need it — unless you’re an enterprise user.

Also, Wunderlist is virtually available on all platforms — just like Todoist.

5. Feedly

Feedly

We all have a list of websites or blogs that we want to follow pretty closely, right? Feedly is perhaps the only news reader app you will ever want.

It’s simply the best RSS reader (or simply news aggregator) — thanks to Google Reader’s demise — that lets you read, organize, bookmark, and share content.

What’s more? It’s got an intuitive interface with a lot of customization options.

Feedly is officially available on all major mobile platforms (iOS, Android, Kindle) and for other platforms there are a lot of third-party applications.

And it’s also integrated with over 200 third-party apps. One thing that I particularly love about Feedly mobile is that it works better than its desktop version.

6. Pocket

Pocket

Pocket (formerly Read It Later) is one of the most popular save for later app that lets you read articles offline. You can save articles, web pages, videos, etc. to access later — with a single-click.

Whatever you add an item to Pocket, it goes to a reading list and you can delete/archive it, when you’re done.

Perhaps the best thing about Pocket is that it’s available everywhere (on desktop, mobile, tablet, web, and as browser extensions) and is also integrated with over 1,500 apps and services.

So all your Pocket items are automatically synced across all your devices.

7. Dropbox

Dropbox

Dropbox is the most popular cloud storage service. In fact, it’s Dropbox that revolutionized the cloud storage for consumers. It’s got the best user interface and works beautifully across all the platforms and devices.

And you won’t have to rely on a third-party client ever as there's an official Dropbox app for almost all the desktop and mobile platforms like Windows, Mac, Linux, iOS, Android, Windows Phone, BlackBerry, and Kindle.

No other cloud storage service — whether it’s OneDrive, or Google Drive, or Amazon, or Box — offers this cross-platform support.

Don’t Miss: 11 Reasons Why I Love Dropbox — And You Should Too

8. Microsoft OneNote

Microsoft OneNote was my favorite note-taker app before Evernote came on the scene. And it’s still one of my favorite productivity tool except that I don’t use it much these days.

The reason is quite simple… OneNote is a superior app that’s way more sophisticated than Evernote.

It’s enriched with a ton of collaboration and notes organization capabilities, formatting options, digital tools, and a lot of other nifty features. So I would rather use it as a planner app than as a note-taker — when I need to.

Again, Microsoft OneNote is free on all your devices (you don’t have to buy Office suite) — and is available on Windows, Windows Phone, Mac, iOS, Android, Amazon, Chromebook, and Web.

Don’t Miss: Over 21 Microsoft Apps For Your iPhone & iPad (And Android Too)

9. IFTTT

IFTTT

IFTTT is an acronym for “If This Then That”. It’s a powerful tool that lets you connect almost all your web apps in a way that you wouldn’t have imagined. Once you add (or rather connect) all your apps to IFTTT, you can create rules (known as “recipes” in IFTTT).

When you’re done, just browse the recipes and you will be amazed at the kinds of recipes that are doable using IFTTT. For instance, if you have connected Evernote and Pocket to IFTTT then you can create a recipe like “Save the favorited item in Pocket to Evernote”.

Apart from that, you can also create recipes that doesn’t require any third-party apps. For instance, you can create a recipe to receive an email alert about a stock price.

The more apps you connect, the more recipes you can create. Perhaps the loveliest thing about IFTTT is that… creating a recipe feels like coding — except that everyone can do it.

Don’t Miss: Over 101 Social Media Tools (Free & Premium) You'll Ever Need

10. Google Chrome

Google Chrome is undoubtedly the web’s favorite browser. Actually, it’s much more than just a web browser. Or, what’s web without Google Chrome? I don’t know but I live in Google Chrome.

I love Chrome for its simplicity, clean user interface, apps, extensions, address bar (here’s why!), password manager, and the way everything is synced across all our devices — thanks to the cloud.

Don’t Miss: Top 50 Google Chrome Productivity Extensions For Bloggers

BONUS: Microsoft Office

Microsoft Office Online

Microsoft Office is obviously the most popular (and the best too) productivity suite — and it’s getting more productive, useful, and feature rich.

Office suite is not free but I decided to include it as there’s Office Online (which is totally free).

Office Online lets you experience almost all the Office suite apps without buying or downloading the software.

And if this was a list of free as well as premium tools then I might have listed Office 365 at the top as it’s the best productivity software that’s worth every dollar that you pay.

The reason is pretty simple… today even a tiny cloud service can cost at least $40-$50 a year but Office 365 costs only $99.99 per year.

And it lets you install the full Office suite on 5 PCs or Macs, and 5 tablets and mobile phones.

That’s not all! You also get OneDrive storage of 1 TB each for up to 5 users and also 60 Skype minutes per month, again for all the 5 users.

Don’t Miss: Over 101 Productivity Tools (Free & Premium) To Get Things Done

Conclusion

It’s very, very likely that you already know most of the tools that I have mentioned here as they are all massively popular. But I just wanted to come up with a list and make it as useful as possible.

And by the way, I’m not actively using all the above tools at any given time as I always try to use only a minimum number of tools.

So I just switch according to my requirements. As of today, I’m not using IFTTT, OneNote, and Pocket from the above list.

Now I’m curious to know your “fantastic ten” productivity tools. So feel free to share it as a comment below. ;)

Stay focused, stay productive!

Image Credit: Flickr

The Fantastic Ten Tools (Free) To Skyrocket Your Productivity is a post by Minterest

What Is Fiverr, Anyway? 13 Gig Ideas To Make Money On Fiverr (Or Elsewhere) #Review

Posted: 17 Sep 2015 11:16 AM PDT

Fiverr is the most popular micro-job marketplace on the web where you can sell almost any of your random services. I said random because it's a marketplace which is much more diversified than what you can imagine.

Here’s proof:

Awesome Fiverr Gigs

As you can see, it’s got terrific value.

Where else on earth can you get those gigs done for $5?

What you saw above was  just a tiny list of some top rated gigs on Fiverr. But, that’s not all folks! There are a lot more bizarre gigs that you never would have thought of. In fact, there’s an official category for those gigs (go here if you’re curious).

First things first.

A micro-job on Fiverr is called a “Gig” and gigs start at $5. It basically means that the base price of any service on Fiverr is $5 (also known as one Fiverr). But the order can be hundreds of dollars if you provide add-on services (known as “Gig Extras”).

It's certainly a place where people do what they love and get paid for it.

Originally, the tagline of Fiverr was "What are you willing to do for $5?". Today it's not just a micro-job marketplace but much more than that as the gigs now “starts at $5”. And like I said, the total order value can be hundreds of dollars by way of “Gig Extras” or “Custom Offers”.

Thanks to some of those Fiverr competitors that were offering gigs of almost any value. Anyway, Fiverr is still one of the best way to make money online — as long as you love what you do and can offer something unique and valuable.

How Does Fiverr Work?

Fiverr

The best thing about Fiverr is that… it’s a nifty website with a lot of loyal users. And there are absolutely no complex stuff in there.

For Buyers…

If you are a buyer, you can browse the different categories and subcategories on Fiverr or can simply use their “Search” to find what you’re looking for. If it’s available then you can instantly place an order for $5 and if it’s not available then you can create a “Special Request” describing what you want (with your budget and other requirements) so that the Fiverr community can create a custom gig or offer for you.

Just make sure that you’re buying only from credible sellers who have a good track-record. You can check the rating, feedback, average response time, total sales, and the current portfolio of all sellers to assess the quality of their services. And it’s a good idea to contact the seller before you buy (yes, it’s allowed) to make sure that they can deliver what you want.

Again, most of the Fiverr sellers offer add-ons (known as “Gig Extras”) so that you can buy related services or add premium features. And you can also buy additional quantities (known as “Gig Multiples”) from the seller if they are offering it.

For example, if a seller is designing logos for $5 then you may get “Gig Extras” like one day delivery, multiple-file formats, business card design that matches your new logo, etc. and if the seller is offering “Gig Multiples” then you get a chance to buy 2 logos for $10.

I haven’t purchased anything from Fiverr ever since they changed the business model. Now there’s also a processing fee involved when you buy a “Gig”. Fiverr charges $0.50 on all purchases up to $10 and for purchases above $10 they charge you 5%.

For Sellers…

If you are a seller, all you need to do is create a "Gig". If it’s approved by Fiverr then it will be visible on the Fiverr marketplace under the category chosen by you. And when someone orders your Gig, you'll be notified and Fiverr charges the buyer in advance.

When you deliver the “Gig” your account will be credited 80% of the revenue that your gig has generated. For example, when you deliver one Fiverr (a gig of $5) your seller account will be credited with $4 after deducting the Fiverr fee of $1.

Sadly, that’s not the only cost a seller have to bear with. When you withdraw money from your Fiverr seller account to PayPal there’s a fee of $1 (or 2%) for every withdrawal under $50 and funds in your PayPal account is also subjected to a standard country-based fees when you finally withdraw it to your bank account.

Another feature that they have introduced is “Fiverr Anywhere”. Fiverr Anywhere allows sellers to offer “Custom Offers”. That is, you can offer premium services at market costs and can even respond to a “Special Request” with a “Custom Offer”.

Also, it’s worth to mention that you can’t create unlimited gigs on Fiverr. The number of active gigs allowed per user depends upon your Level status. If you’re a new seller then you can only have up to 7 active gigs. And the number of “Gig Extras” and “Gig Multiples” and the maximum value of “Custom Offers” also depends upon your level status. You can go here to learn more about it.

And hey, I do not have any guru tip to give you but here’s an advice to new sellers by a top seller on Fiverr:

The customer is always right. You are there to serve them. Work fast. Communicate all through the process. Remind them that if there are issues, they should click the "request a modification" button. Treat every project as if your livelihood depends on it… because it does.

13+ “Gig” Ideas To Make Money On Fiverr (Or Elsewhere)

If you're also a blogger then you probably know that no blogger out there is a super-man/woman who could do everything by himself/herself. Outsourcing is something a blogger can’t avoid. And it can be for anything and everything. In fact, the real purpose of this blog post was never to review Fiverr but to list few Fiverr gigs that one can offer bloggers.

And let me be honest, a handful of them are actually a list of services that I will need sooner or later. So that’s how I decided to make it a blog post.

Of course, there are a ton of other freelance marketplaces like Upwork, Freelancer, Guru, 99designs, etc. But the problem is… it makes more sense to a business than an individual. Moreover, the hiring and outsourcing process is not as simple as it is on Fiverr.

And for freelancers too, there’s more pain as it takes a lot of time and effort to establish themselves as it involves things like online tests, résumé, portfolio, escrow, etc.

Also, it’s not fair to compare Fiverr jobs with a regular job or the ones on Freelance websites. Fiverr gigs are more like a hobby. Your return depends upon the service that you are offering.

For instance, if you can complete a gig in just 5 minute then it basically means that you earned $5 in 5 minutes and that will be $60 per hour. Not bad, eh? Now if you take 15 minutes to complete a gig then that will be $15 per hour. Again, not bad if it was just a hobby.

So here’s a list of over 13 gigs that you (as a seller or service provider) can offer bloggers — including me and your blogger-friends — on Fiverr (or elsewhere). And don’t miss the bonus at the end. ;)

1. WordPress Customization

WordPress

The first thing that you can offer any blogger is WordPress customization (or even Blogger.com customization). It’s one of the most-wanted service as not all bloggers are web geeks. You know it’s super-easy to setup a WordPress blog and the whole process takes just few minutes — i.e if you know stuff like domain names, web hosting, etc.

But you can’t customize a blog the way you want unless you’re a coder. In fact, when you install a WordPress theme on your blog it won’t look exactly as it is on its demo. You have to do a lot of customization and may also have to edit few PHP/CSS files to further customize the appearance or features of your blog.

So the idea is to start a Fiverr gig that offers WordPress customization. And your goal should be to make your gig unique and special. For instance, you can also include a free audit of your client’s blog and then recommend the changes required to make it more search and user friendly. The good thing is that they may end up hiring you to do it.

Related Services / Gig Extras:

  • WordPress Theme Customization
  • Custom WordPress Themes
  • WordPress Installation & Plugin Setup
  • WordPress Error Fixing
  • WordPress Optimization
  • Shopping Cart Setup
  • Blog Migration
  • Database Backup

2. Social Media Marketing

Social networks have exploded over the past several years but it’s very much possible that bloggers are not using the right medium or even worse they don’t even have a social media presence. When it comes to social media, you can easily offer an array of services.

Large and medium sized agencies charge hundreds of dollars even for simple services like social media profile creation, posts, optimization, etc. So you have to make sure that you can add value to your clients.

Let’s say, if you’re offering social media profile creation then you can also analyze your client’s blog and then offer to create social media profiles on more relevant networks. For instance, if it’s a travel blog then you can identify all the social networks that can be leveraged and then offer profile creation on all (Tip: Use Gig Extras wisely).

Related Services / Gig Extras:

  • Social Media Profile Setup
  • Social Media Graphic Creation (for profile pictures, logos, icons, headers, posts, etc.)
  • Social Media Content Creation (for bio, social media posts, etc.)

3. Web 2.0 Submission

Web 2.0 Submission

If you do a quick research of Fiverr on Google then you will see mixed reviews. And if you ask people about SEO services on Fiverr then everyone will almost definitely say it’s all low-quality services. And it’s true!

The problem is… SEO services on Fiverr is all about “Quantity” and not “Quality”. But if you’re an experienced digital marketer then you know that today it’s all about quality. The idea is to offer high quality web 2.0 submission. That is, instead of offering 100 low-quality web 2.0 and RSS submissions you can offer just high-quality submission.

But how do you define high-quality? Okay, if I search Fiverr for social bookmarking or submission services then I will see a ton of gigs that says “I will submit your blog to 200 social networks for $5.”. Well, it sounds good but can you quickly name 200 social networks? 100? Or maybe 75? No.

It basically means that they are submitting the blog posts to social networks that nobody uses and most probably it’s automated and never done manually (who’s going to submit your website manually to 100 or 200 websites for $5?).

So you can offer manual web 2.0 submission and it’s totally fair if you can submit the URL only to 5 websites. As long as it’s done manually and with a purpose — there’s value.

For instance, my blog post URLs that I or others have shared on web 2.0 sites like Quora, WordPress, List.ly, etc. sends real traffic and it continues to send traffic for years (until the topic becomes obsolete).

So it’s like if I build 1,000 such links then it CAN bring 1,000 (or more) visits a day, again depending upon the topic.

Don’t Miss: Over 60 Web 2.0 Sites To Get Instant Backlinks To Your Blog

4. Keyword Research

Keyword research is crucial to any content marketing (or SEO) campaigns. The idea is to offer a comprehensive keyword research along with competitor analysis.

If you are a “niche expert” who have specialized knowledge in few topics then you can do better topic research than anyone else. And you can make your gig unique by providing related services.

For instance, I do not know how many times have I edited the titles and subheadings of this blog post as I was not sure whether to create two separate blog posts for the “review” and “ideas” or to publish it as a single blog post.

So you can provide competitor research or even provide a full blog post outline with a search friendly title and subheadings as an add-on or as another gig.

Related Services / Gig Extras:

  • Keyword Research
  • Topic Suggestion
  • Competitor Analysis
  • Blog Post Outlines (suggesting search friendly titles and subheadings)

5. Meta Tags Optimization

Meta tag (meta title tag and meta description tag) optimization can boost the search traffic of any blog but a lot of bloggers are bad at writing titles and descriptions (including me).

That’s why they either leave it unchanged or poorly-optimized. So you can offer meta tag optimization service and can make it unique by including keyword research, or competitor analysis, or both.

  • Meta Title & Description Tag Optimization
  • Meta Title & Description Tag Optimization (with keyword research)
  • Meta Title & Description Tag Optimization (with competitor analysis)

6. Blog Post Optimization

Blog post optimization can be a hassle for beginners or bloggers who don’t have in-depth SEO knowledge and expertise.

So you can offer blog post optimization which includes (but not limited to) the optimization of: meta title and description tags, subheadings, images, keyword density, and almost anything to make it more search and user-friendly.

7. Logos, Icons, Graphics

Design

Graphic design gigs on Fiverr are extremely popular because “design is love”. You can easily get logos, icons, business cards, and almost everything graphic from Fiverr for $5. If you try to hire an agency or even an independent freelancer then it’s going to cost you a lot more.

Of course, we can’t expect the quality of design services that we get from 99designs.com (costs $299+ there) on Fiverr.com but it’s not a bad deal.

For instance, if I’m starting a micro-niche blog or is looking for few graphics or icons to use in a blog post then it makes lot more sense to get it from Fiverr.com than anywhere else.

So if you can design well — very well — then you can offer a variety of design services. Just make sure that you have a great portfolio (really great portfolio).

Related Services / Gig Extras:

  • Logos
  • Logos + Favicons + App Icons
  • Logo + Business Card Design
  • Blog Post Graphics
  • Profile Pictures (for social media)
  • Graphics (for social media marketing)

8. Proofreading & Editing

Proofreading

You must be wondering as there are thousands of freelancers who are doing it on Fiverr or elsewhere. It’s true but trust me there’s a difference when a “niche expert” does it. And you can also offer add-ons like editing, rewriting, etc.

9. Blog Writing & Translation

You can offer blog writing as well as translation services. For instance, you can offer multiple editions of a blog post or can offer translation services to translate English blog posts to another language or vice versa.

10. Content Creation & Submission

Bloggers require a heck lot of content (apart from regular blog posts). It can be for promotional purpose or social media marketing or to supplement their content marketing or link building campaigns.

For instance, instead of hiring an agency for link building I can hire few writers on Fiverr and ask them to answer relevant questions on Quora or Yahoo Answers embedding a link to my own web properties (to leverage tiered link building).

Or, I can hire them to write content and submit to Medium or LinkedIn Publishing Platform or Quora Blogs or any of those blogging platforms to attract more referral traffic (plus to strengthen the link profile of my blog). Once again, quality of service is the key.

Don’t Miss: 51 Blogging Platforms To Showcase Your Awesomeness

11. Blog Commenting & Forum Posting

Blog commenting and forum posting was once the most popular link building technique. And now it’s all about “spam”. Sort of. That’s why search engines are penalizing websites for low-quality backlinks. Or, let’s say for “spamming”.

Google is becoming more “human” with each algorithmic update (or at least it’s trying to). But no matter what, backlinks are still crucial and is still one of the key factors in ranking pages.

The only problem is… building high quality backlinks takes a lot of time and effort. And agencies charge hundreds of thousands of dollars for link building and yet we can’t be sure about the quality of their work.

If you’re building links the wrong way then it will only do more bad than good. But the good thing is… high-quality backlinks can’t/won’t hurt a website’s ranking. It doesn’t matter if the backlink is from a blog comment, or a forum post, or a social network, or anywhere else.

As long as it’s genuine there’s nothing to worry about it.

So the idea is to offer quality blog commenting and forum posting services. For instance, I’ve few tech tips and tech tutorials posts and I can hire someone to promote it on forums or on other blogs when it’s relevant. It’s all about the context and how you do it.

12. Repurpose Content

I'M NOT CONTENT WHEN I'M NOT PRODUCING CONTENT

Content repurposing is all about extending the life of your original content by leveraging more mediums. Submitting a blog post to a dozen of social networks or updating/republishing one of your archived blog post is not exactly repurposing. It’s just sharing and resharing.

Repurposing is done by taking an existing blog post (or content) and using it to create something else on another medium (in an easy to consume way) thereby reaching an audience who wouldn’t have found your content otherwise.

The good thing about content repurposing is that you are actually getting more traffic by creating less content — as these mediums are already known to have millions of active users.

So the idea is to offer content repurposing services.

For instance, if I share my latest listicle on Twitter then it may attract some 100 visits (if I’m lucky) and then it’s gone from everybody’s timeline. But if I create a List.ly post out of it then it may generate much more traffic over time and it can strengthen the link profile of my blog as well.

There are a ton of social media tools to automate web 2.0 submissions and sharing but they are not perfect tools to automate repurposing as it requires manual effort. That could be the reason why most of the bloggers (including me) are not repurposing content.

That’s your opportunity. :)

Here’s a list of gigs that you can offer as part of your content repurposing services (and it’s equally good to offer as an independent gig as well):

12.1 Presentations

Offer to create presentations out of a blog post and offer to submit on SlideShare. It’s somewhat easier as you can create slides using the subheadings and bullet points available on the blog post.

12.2 Infographics

Offer to create infographics and offer to submit on Visual.ly or Pinterest (as a Pinterest Board). Again, you can use the subheadings and bullet points on a blog post to create an infographic.

12.3 Documents

Offer to create whitepapers, case studies, guides, etc. and offer to submit on ScribdISSUUedocr, etc.

12.4 Transcription / Voiceover

Offer transcription of videos or voice overs of a blog post.

12.5 Videos

Offer to create videos and offer to submit on YouTube. Making a video is not that easy but you can easily offer screencast videos or other easy to make videos.

12.6 Newsletters

Offer to setup email marketing software and offer to create newsletters as many blogs (including mine) do not have a newsletter (except the RSS subscriptions). So you can offer setup services plus create weekly/monthly newsletters that summarizes all the blog posts published in that period.

12.7 Ebooks

Offer to create ebooks or PDF versions of a topic as most of the blogs usually have a dozen of blog posts related to a single topic that they may want to convert into an ebook. So you can create ebooks by formatting those blog posts and adding a cover page, index, headers, etc.

Don’t Miss: Freelance Writing: 21 Tips To Take Your Freelancing To The Next Level

13. Niche Services

If you are particularly passionate about few things or if you’re specialized in one particular industry then you can offer niche services.

For instance, you can offer the following specialized services to a food blogger: image optimization, recipe plugin configuration, schema markup implementation, keyword research, meta tags optimization, blog post optimization, newsletter creation, create recipe archives, social media posts, web 2.0 submission, competitor analysis, etc.

The advantage of offering niche services is that… bloggers may not know the kind of niche services that you provide until you show it to them. So it’s all about what they can expect from you and how you showcase your services, skills, and portfolio.

Note: Fiverr is a scammers paradise too as you will also find a ton of low-quality gigs and sellers. It’s super-easy to fake credibility as sellers can easily build some credibility out of nowhere by asking their friends and family to hire them and get 5-star rating. So if you want your gig to be noticed then it has to be something useful, unique, and valuable.

BONUS: You Are Hired!

You Are Hired!

Can you provide any of the above gigs? Or, do you wish to provide any of those gigs? If so, then let me be your first buyer. I have already mentioned that a good percentage of the gigs that I have listed here are actually the ones that I’m personally looking for.

And it’s absolutely fine if you are a new seller or if you have never done this before as long as you can deliver the gig. Reminder: it’s all about QUALITY!

So if you think you can provide a specific gig then you may contact me. And you can also ask your blogger friends to hire you for the first time. Of course, it should make sense to them.

Wait, there’s more!

When I have a list of reliable sellers whose combined efforts could deliver all the above services then I will write another blog post to promote them. And if I find multiple sellers who are equally good at providing a specific gig then I will either promote both or select the best of the best.

And if I didn’t find a seller to provide a particular service then I will either find someone from the Fiverr community or will wait until I find the right person before adding that service to the list.

I just want to make sure that it’s got almost everything an active blogger will ever need.

Closing Thoughts

You DON’T have to provide as many gigs as you can. Just do your homework and see where you can excel.

And I’m not saying that you should offer all the gigs for $5. It’s certainly up to you as I believe that most of the gigs that I’ve mentioned here are worth much more than $5 — when you do it right. Some gigs can be done for $5 and others can be done as “Gig Extras” or by creating a “Custom Offer”.

Also, these gigs are not just limited within Fiverr. You can offer these services on forums, Fiverr alternatives, or even by creating a portfolio website on any of those publishing platforms.

If you have trouble getting started or is unsure about a particular service then feel free to leave a comment below and I’ll be happy to assist you or do the research for you so that you will have better idea about what to provide.

Happy Fiverr-ing! :)

Image Credit: jedisthlmtoprankblogupsidaisiumtofu_mugwump.

What Is Fiverr, Anyway? 13 Gig Ideas To Make Money On Fiverr (Or Elsewhere) #Review is a post by Minterest

Freelance Writing Tips: Everything (Almost) You Need To Know

Posted: 04 Sep 2015 10:16 AM PDT

The Workspace HQ

There are not enough freelance writers. Seriously. Whenever I come up with a freelance writing based topic, I  mention that it’s extremely competitive. If there’s a writing gig on a freelance writing marketplace such as Upwork.com (formerly oDesk.com), Fiverr.com, or elsewhere then there will be a ton of applicants — even if it’s just a micro-project.

Today I have a perspective that contradicts the statement “freelance writing is extremely competitive”. Over the past many months I have successfully failed to hire an affordable writer for this very blog — no, It’s not that I am going to make my blog multi-authored —  I just happen to want to write and publish blog posts in a consistent way.

You might already have noticed that neither do I write regularly nor do I focus on a single topic. I only write about things that I find interesting at that point of time. Therefore I don’t have any plans to hire an army of content writers to publish 100s of blog posts a month — like the Mashables and BuzzFeeds of the world are doing.

I was just looking for someone — preferably a contributor or an editor — who could help me finish a blog post much faster. Because now I take several days to finish an in-depth or lengthy blog post (like this one). So I thought I could outsource the “writing” process and focus only on research and editing by myself — to save a lot of my time and effort.

And you know what happened? It never worked — at least for me!

If you have been following my freelance topics then you probably know that I’m not a freelance writer myself — but I wish I were one. However, as you can see I can write for myself but definitely not the way someone wants me to. And yet, I got a ton of writing opportunities in the past — by way of guest blogging, SEO writing, web content, etc. and I was forced to deny all of it. :(

So what’s the point?

Simple! You don’t have to be a native English speaker or a best selling author to make money writing.

If you can write, then money can be made. Absolutely!

But no, that doesn’t really mean that you can become a six-figure writer in few months/years just because you know how to write few sentences. It doesn’t work that way at all!

The real questions are… Can you write quality content? Can you write content that meets the criteria or guidelines set by your client? Can you write error free (both grammatically and technically) content? If your answer is ‘Yes’ to all the above questions then you can become a successful freelance writer. Guaranteed!

Don’t Miss: The Freelance Writer's Handbook — 75+ Tips, Resources & Guides

How To Get Started As A Freelance Writer

Well, I guess there’s no definite answer to the question. Why? Because everyone starts in their own way. For instance, a good percentage of the successful freelance writers started it as a hobby or for an extra income. And when they realized its potential they quit their job and became full-time freelance writers/bloggers.

Then, there are others who stumbled upon freelance writing and hope to make money online from it. They start, stick with it, and then all of a sudden quit when they find a full-time job or when they think it’s not worth it.

I hate to say this. But if you’re not passionate about “writing” then you will almost definitely fail. Because you got to love what you do.

Coming back…

If you want to get started as a freelancer, the first thing to do is ask yourself why you want to start freelancing in the first place?

Is it a hobby? Is it for an extra income? Is it because you have extra free time? Is it because you want to make money as you don’t have a job? or Is it because you simply love to write? A lot can depend upon the reason why you want to start it.

For instance, if you can write really well and have a financial backup then you won’t probably start by accepting low paying writing jobs. You might want to start only when you get the right client. On the other hand, if you are freelancing to make quick money then most probably you will knock all doors and accept whatever writing project that you get.

Still confused?

All right. I would rephrase the whole idea as a random list of freelancing tips. I said ‘random’ because they’re not written in any particular order. And they may not be related either. I just wanted to come up with such a list as I’ve collected a ton of freelance writing resources in my Evernote. And it also reflects my failed hiring experience. ;)

Don’t Miss: 101 Websites For Anyone And Everyone To Make Money Online

Over 21 Freelance Writing Tips That You Need To Know

It should take a lot of time (and effort as well) to go through each point as they’re also accompanied by an additional reference. So my advice would be, don’t try to finish it at one go. Just start slowly and try to figure out whether it’s for you or not.

I can’t say if this is your ultimate freelance writing guide or not, but I can affirmatively say one thing for sure. If you can’t spend time reading and learning then freelancing is definitely not for you. Again, sorry.

“It doesn’t matter if that person is a marketer, salesperson, designer, programmer, or whatever; their writing skills will pay off. That’s because being a good writer is about more than writing. Clear writing is a sign of clear thinking. Great writers know how to communicate. They make things easy to understand. They can put themselves in someone else’s shoes. They know what to omit. And those are qualities you want in any candidate. Writing is making a comeback all over our society. Look at how much people e-mail and text-message now rather than talk on the phone. Look at how much communication happens via instant messaging and blogging. Writing is today’s currency for good ideas.” — Jason Fried

1. Showcase Yourself As An Expert

The ultimate goal of your freelance writing career should be to showcase yourself as an expert or at least to get a decent visibility online. You can either start a blog to show your expertise or there are over 51 publishing platforms where you can contribute content and showcase your awesomeness.

The idea is to focus on one platform where you want to contribute content consistently. It’s a great way to showcase your skills to your future clients. Yes, they will want to see your portfolio before even considering you. Your portfolio should give them a reason to hire you.

Remember, I’m talking about freelance writing in the long term. If you think short term — to make few extra bucks — check out my freelance writing gigs and you should be able to identify few websites where you can get few clients.

Otherwise, what you need is an online presence or a blog. Because any client who would want to hire you will check your style of writing to make sure that they are hiring the right person.

So, where do you start or what will you write? Well, it depends.

If you choose a publishing platform like Medium.com then you better publish few high quality articles that shows your word power.

If you create a blog (or a profile on any of those publishing platforms), make sure that you have a complete profile and a picture of yours (that makes you a real person). If your profile is attractive and unique then it can become your personal brand and lead generator.

If you have decided on blogging, then publish few articles about topics that you’re passionate about so that it will reflect your expertise and will ultimately act as your portfolio. And it’s a good idea to limit the number of topics. That is, write only about topics that you really passionate about.

Apart from that, you can also publish articles that shows your hobbies, interests and experience or you can write it  together in an About page. Just a quick reminder: don’t try to be an “I can write any topic” kind of writer. Why? Because no one can really excel at everything.

As you probably know, freelance writing is not all about simple ezine articles. It can be web content (product description or technical content), SEO content (for an SEO agency or a blog), ebooks, copywriting, blog posts (for individuals or brands), articles (for magazines, newsletters, press releases, etc.), and much more.

If your primary interests are technology and gadgets then write about it. If your interests are travel, food, health, etc. then start a lifestyle blog. If you know a lot about a specific thing then start a niche blog and then create another profile on a relevant publishing platform to showcase your portfolio.

For example, if you are a health expert then you can start a fitness blog and also create a portfolio website at SnapPages.comWhy two platforms? Because your SnapPages will act as a hub that links to various works of yours and your blog will just act as a portfolio and a business (because it can make you money eventually as you go).

And don’t forget to take hints from other writers that you admire or in your niche. See how they have branded themselves and their portfolio and expertise to get an idea.

Most of the content creators available are those who don't focus on a specific niche. They write on almost any topic. So if you're confident that you can produce better quality content than your peers then blogging is the right way to acquire clients, showcase your expertise, and build credibility.

2. Be A Niche Writer

When you start freelance writing there’s every possibility that you will want to write about everything and anything. For instance, if your first bid is for a series of health topics then the next one could be for a technology post. You repeat it until you get your first project and it could be related to traveling.

Well, it’s not a bad idea to do it but the problem is… your content will always be mediocre. You will never be able to improve the quality of your writing because you don’t know where to focus. The result? Sooner or later you will start hating freelancing as you’re only getting micro-jobs that pays peanuts.

It’s something that you want to avoid, right? So, what’s the solution? Be a niche writer! In other words, focus on a particular industry or a series of topics where you want to specialize and can excel.

3. Say “No” When You Have To

When you become a niche writer you will have to say ‘no’ to writing projects in other niches. Why? It’s impossible to become an expert in all topics and your client must be well aware about it. So when they offer you a project they know that you don’t expect premium rates for your services.

And if they liked your content — though you are not an expert — then they will end up hiring you for more projects because someone is offering a blog post that’s worth $100 for just $15 (or even lower). The result? You will end up taking more such projects and never become an expert writer.

So, do not accept all kinds of projects. If it’s something that’s not interesting to you or you can’t write then let your client know about it — instead of delivering low quality content.

4. Niche Writers Enjoy Premium

The primary reason why you don’t earn more than $5-$25 per article is that you don’t have any specialization. If you’re specialized in few topics and is an expert in it then your clients will be happy to pay you a premium. One thing that’s common among all professional freelance writers is niche expertise. None of them are “I will write any topic” kind of writers.

Niche writers write about topics that they’re passionate about. So, they can write a blog post in a way that other writers might not be able to. Again, it gains them better credibility as well because they have in-depth knowledge about their niche and is considered as an expert.

5. How Much Should You Charge

So how much should you charge — or rather how much can you make as a freelance writer — for your content as a beginner, average writer or an expert? Well, it really depends upon the kind of value that you’re providing to your client — and also the effort and time that you are taking.

Unless and until you’ve proved your writing skills there’s every chance that you will be underpaid for your all your writings. It happens because when you get started you don’t know what you are doing, and your client don’t have a clue about the true worth of your content.

Moreover you can’t even say if your content is better than other writers or not as you don’t know. But you will figure it out eventually and then you will know whether you’re a good writer or not.

Also, it’s no secret that when it comes to freelance writing, sometimes mediocre writers makes a lot more income than the so called experts (those who have excellent English and writing skills). You know why? They know what they are doing. They know how to do it. They know what value they’re offering to the client.

For example, if I’m to start freelance writing then I can start with say $25 per 500 words. And start over-delivering. So the clients will probably come back and give me more projects. Eventually it will keep me busy and I can raise my rates to $50 (or more) per 500 words. Thereby making sure that only real clients stay with me and eventually I get what I think my blog posts are worth.

6. You Don’t Have To Know Everything About Your Niche

“Easy reading is damn hard writing.” — Nathaniel Hawthorne

Okay, let’s make it simple. You do not have to be a health expert to start a fitness blog or to become a fitness writer. Do you know when does a person start a niche blog? It’s when he/she is passionate about that topic. Actually, it’s kind of boring to write about topics that we know almost everything about — especially when it’s something that’s readily available elsewhere on the web.

It’s a lot more exciting to write about topics that we just learned or when we want to share our perspective of something.

When a person is passionate about a topic he/she will be curious about it and will see themselves reading, sharing, curating, all things related to it. Only then they’ll will be able to write expert topics or otherwise known as useful content. And it can be about things that you’ve well researched, or something that you learned, or something that you want to share, or anything like that.

If I’m excited or curious about something then I can easily come up with a dozen of topics revolving around that. The key is… Don’t stop reading. Don’t stop writing. Don’t stop sharing. It’s your enthusiasm that counts.

Don’t Miss: 15 Blogs You Should Really Read If You Are A Freelance Writer

7. Freelance Marketplaces Aren’t That Lame

If you have already kick-started freelance writing then you might have come across different freelance marketplaces like Upwork, Freelancer.com, Guru.com, etc. The problem is… it’s all crowded with a ton of other writers. Well, I guess that’s the reason why other successful freelance writers do not recommend it. The reality is that there is a very high probability that most writers would have tried their luck on those freelance or similar sites at least once.

Again, another problem is… job posts on such websites can’t be classified as premium. That is, they are not going to pay you $500 for a blog post — unless you’re super-lucky. Now the good thing about such marketplaces is that… if you can deliver high quality content that meets your client’s expectations then it will be a great start. If no one is hiring you then it obviously means that you’re doing something wrong or you don’t meet your client expectations. Sorry.

Also, most of the content creators (especially beginners) on such freelance marketplaces are the ones who are willing to write virtually on any topics. They are not niche/expert writers and that’s your opportunity. For instance, if you’ve got great writing and communication skills with a relevant portfolio to show off then you will definitely get noticed when you apply for a writing project.

You should get few projects like that and can continue it until you realize your own worth. That’s how successful writers get started on freelance marketplaces and then they move on.

Don’t Miss: Freelance Writing Jobs: Over 51 Places To Find Freelance Writing Gigs

8. Be Active On Social Media

Social media marketing is now part of almost any marketing campaigns and it’s not limited to things “online”. Thanks to the growth of social networks like Facebook, Twitter, etc. which are still exploding like never before. And it means, if you’re not on social media then you’re missing something.

Your clients can be anywhere. They may be already on your Facebook friends list, or your Twitter followers, or was one of your recent LinkedIn profile visitors. So how do you take advantage of that? Simple. Just be social and network with others — help others, get help.

People HATE being marketed to. But they LOVE being helped.

It’s worth to mention that you do not need a presence on each and every social network out there. Think about the networks that makes more sense to you and be there only. For instance, if you’re a health expert then you should create a profile on Facebook, Twitter, StumbleUpon, Pinterest, and Instagram and share your latest blog posts or health content to keep it active and engaging.

9. Network Before You Need To

“Freelancers: Network BEFORE you need to. The reason so many of you are disenchanted is you try to apply a “fast food” model to relationships.” — Joel Klettke

The title says everything, right? Well, I only have one thing to say… when you sense an opportunity somewhere… Network! You can build a relationship by sending a simple email or a tweet. As long as you’re not trying to sell something in it it’s going to become a genuine connection.

For instance, you can create a list of businesses or websites or clients that may need your service and initiate a contact with them.

Let’s say you’re a copywriter and you noticed a lot of errors on a small business website. What can you do? Just shoot an email and highlight all the errors. They may end up hiring you when they notice that you’re a copywriter or you can make an offer eventually after exchanging few emails.

Or, if their blog is inactive (or if they don’t have a blog) then you can send your pitch as a freelance blogger — keep your relevant work portfolio ready in advance. You got nothing to lose!

10. Join Groups & Forums

It’s a good idea to join few Facebook Groups or LinkedIn Groups or Quora or niche Internet forums where you can participate in various discussions related to your industry. I was hyperactive on Digital Point (a webmaster forum) until 2008 and then focused on Twitter and other social networks.

You can join these networks to enhance your knowledge, to help, and to get help. Once again, don’t try to market your services on these platforms directly. Instead, help others and be part of discussions. You never know where it’s going to take you or what it’s going to bring you.

11. You Don’t Need An English Degree

“Stay hungry, stay foolish.” — Steve Jobs

You don’t need a degree in English to start a freelancing career but you must be a good writer (or have to become a good writer). So how do you become a good writer? Practice. Practice makes one perfect. According to an award-winning writer — who’s actually a college dropout — the three credentials in a freelance writer are: curiosity, courage, and hunger.

12. Good Writers & Bad Writers

The difference between good writers and bad writers has little to do with skill. It has to do with perseverance. Bad writers quit. Good writers keep going. That's all there is to it.

No, no, no. Those are not my words. It’s by Jeff Goins who highlights the difference between good writers and bad writers in a fantastic short writeup. He goes on by saying that good writers practice a lot and spend a lot of time reading, writing, editing, revising until it’s perfect.

And they welcome criticism and use it to improve their work. Meanwhile, bad writers are lazy and they refuse to practice and improve their writing and that makes them bad writers.

13.  Meet Your Client’s Expectations

Let me repeat. Meet your client’s expectations, for sure. The problem with most freelance writers (beginners and average writers) is that they fail to understand their client’s requirements. And yet, they believe so blindly that they’ve delivered the best content.

If you didn’t pay close attention to your client’s requirements then they will be disappointed and you will end up editing a lot (or even rewriting the whole content).

So, when you apply for a writing project you should know what your client is looking for and they must get a sense that you know what you’re doing. How? Just read the editorial guidelines or pay close attention to their requirements.

If you didn’t understand their requirements then ask the right questions to make sure that you got what’s exactly in their mind. It not only gets you more money but it also makes the whole writing process more streamlined.

And remember, when your content doesn’t meet the expectation of your clients it can’t be called “Quality”. That said, you don’t have to deliver perfect blog posts that shows your best work but you got to meet your client’s expectation.

14. Different Clients. Different Needs.

Your clients are all different. For instance, if it’s a not-so credible agency then they won’t look for perfect writers. All they care about is pricing and most probably they will hire the best among all affordable writers.

The good thing about such agencies is that if your work is good enough then they will probably hire you for more projects and it means you get a steady set of assignments every day, week, or month.

And then there are reputed agencies who do know the importance of quality content. So they will look for credible writers only who are professionals with an excellent track-record and someone who can deliver quality content on time.

One quick way to identify quality website is by checking their web design and content — see how perfect it is. If you can notice copywriting errors and poor quality images then it’s just a mediocre agency that may not pay much.

If you’re hired by someone who know the value of your content then they will most probably come back to you. If your client is not convinced then you send the pitch by saying how you can add value to their business. If your client is not convinced by your pitch then it only means that they don’t believe in you.

It can’t be because they do not have a budget — even if they told you something like that. Most clients have enough budget for design and content — as they are one time costs. It’s just that they are not willing to pay your asking price as they don’t know your worth or don’t understand how you can help them.

15. Deliver On Time

If there’s one thing that makes a writer a bad writer is when they don’t deliver on time. If you want ten days to complete a project then let your client know. Don’t make your client to wait indefinitely after the projected date. It’s a bad sign.

Moreover, when you deliver projects on time it basically means that your pay per hour is healthy. For instance, if you complete a $500 project in five hours then it means your pay per hour is $100. Now if you delayed it and spent ten hours on it then your pay per hour is halved to $50 per hour.

16. Always Follow Up

When a client emails you, try to respond in less than 24 hours. It tells your client that you’re reliable and dedicated. It’s something that not many freelance writers practice. A timely reply is always appreciated and expected. Not just by your clients, but by everyone. ;)

17. Embrace Rejection

Got rejected? Good. Embrace it!

Here’s why,

  • It teaches you how to stop being rejected.
  • It allows you into an exclusive, world class club.
  • It demolishes your competition.
  • It helps you cut through the crap.
  • It brings you better clients.

For example, you pitched a client and got rejected immediately. Don’t stop. You can always revert and know what exactly were they looking for and can reconnect when you’re ready or at least can avoid the mistake next time.

18. Getting The First Client

Getting the first client is perhaps the biggest challenge of any freelance writer. Because you’re new to this business (yes, freelancing is a business) and you don’t have a clue about how things work. Now the problem or the good thing is… there is no definite way to find your first client.

The strategy used by the freelancer “A” may not work for freelancer “B” (even if he did it exactly like the freelancer “A”).

Start small but steady.

What you need is experience as you want to know more about the market, different types of clients, and what they’re looking for.

Your first client can be that friend on one of your social networks, or from a freelance marketplace, or from a job board, or someone who hired you when you pitched them the right way. For instance, check out this blog post by Tom Ewer about how he found his first (real) client.

19. Always Start Small? Maybe Not!

"If you can't make it good, at least make it look good." — Bill Gates

It really matters. If you’re not new to the industry and believe that your writing is above average then you shouldn’t start small (assuming that you do not expect any income from freelancing). Otherwise, it’s not a bad idea to start small — as you need a track record.

Got few minutes to spare? Check out,

20. Getting More Quality Clients

There are a lot of websites on the web to find freelance writing gigs. It includes premium portals, content agencies, content mills, content marketplaces, and of course freelance marketplaces and job boards. The problem is… you will eventually feel that it’s not enough or worth it, and you will want to create your own ‘system’ to get more leads.

Every freelance writer has his/her own set of rules that they follow closely. They try different things and see what’s working and what’s not. That exactly is the reason why different freelance writers advocate different strategies.

If I say I’m getting a lot of freelance writing gigs this way then it may not work at all for you. For example, see how a writer got over 500 leads by creating her own system. And I would also recommend this post which is basically a freelancer’s guide to grow his business — it’s not about a ‘system’ but a list of marketing ideas.

21. Stop Marketing, Start Helping!

Let’s say you’re a great writer and you know how to send that perfect pitch. But there’s a very good chance that you will be rejected. Even if you show your portfolio or great content published elsewhere on the web they will gently deny you by saying that they’re not interested or they have their own writers or they don’t have a budget.

Well, the reality is that… they are not convinced about the kind of value that you can add to their business. When you initiate a contact to help someone don’t expect anything in return. If they end up hiring you then consider it as a bonus of your good deed.

22. Your Hire Me Page = Everything

If you are a freelancer who chose to start a blog (or maybe a portfolio website) then you should have a “Hire Me” page. If your reader is your potential client then he/she will definitely check your Hire Me page to see what services you’re offering and to know more about your expertise.

So you can sell yourself by highlighting the services that you’re providing and the kind of benefits that your clients will enjoy. And don’t forget to showcase some real testimonials as well — when you get it.

However, don’t forget the fact that clients pay for your results, not your résumé.

For instance, if your work was featured on some top magazine or blog then you can showcase it by linking to it and can link to some of the best articles that you’ve written on your own blog (or elsewhere) so that they can quickly go through it and know whether you are the right person or not.

Finally, don’t forget to promote your Hire Me page. It must be visible from all the pages of your blog and additionally you can promote it via social media. Just link to it when you can.

For example, most social media websites let you add links within your bio so you can add links to both your blog or portfolio website and a hire me page when you think it’s relevant. You can go here to see the Hire Me page of a full-time freelance blogger who specializes in WordPress topics.

23. Start Guest Blogging

If you’ve joined one of the blogging platforms and own a content rich website then it’s a good idea to increase the visibility of your personal brand by guest blogging on few websites. It’s not as easy as it sounds because if you are totally new to freelancing and do not have a credible website/profile then you will almost definitely be rejected.

You just have to make sure that you chose the right blog and you’re doing it for visibility and not for SEO. For instance, if your favorite blog is accepting and publishing guest posts then you can contact its editor for guidelines and pitch a topic.

Or, if your friend owns a blog then ask him/her whether you could contribute an article on that blog. If your content matches their criteria then they will surely publish it.

Just do your homework before pitching. That is, see the kind of topics that they are publishing, see if they have already covered the topic that you’re planning to write, see how often they publish guest posts, see how popular their blog posts are, etc.

P. S. Guest blogging is not dead and it won’t die. Just one thing — it should make sense when you do it.

24. Learn Content Marketing

Content Marketing means creating and sharing valuable free content to attract and convert prospects into customers, and customers into repeat buyers. The type of content you share is closely related to what you sell; in other words, you're educating people so that they know, like, and trust you enough to do business with you. — Copyblogger

Content marketing is the new SEO. You can see that businesses are generating a lot of content to attract targeted traffic. You know why? It’s one of the most cost effective way to attract customers. So you got to learn content marketing if you want to expand your portfolio of services and its quality.

Don’t Miss: The Content Marketing Handbook — 81+ Resources, Tips, & Tools

Conclusion

You know what you're supposed to do now, right?  Now, just get started and don't stop until you get noticed. Ignore the fact that there are a ton of other freelance writers out there. The good thing is… not all of them are experts.

Now I have a quick reminder for you. Don’t quit your full-time job for whatever sake, yet. Why am I saying that now? Well, most of the full-time freelancers will have a blog post on their website about “How I’m Making Six-Figure As A Freelance Writer” or “How to Quit Your Job And Become A Six-Figure Blogger”, etc. The reality? It’s not as simple or easy as it sounds.

What you need to remember is:

Rome wasn’t built in a day. Period.

There’s every possibility that I might have missed a lot of things here. So if you’re a freelance writer (or a wanna-be writer) then feel free to post your questions as a comment below and I’ll be happy to help you — the best way I can.

Happy Freelancing! :)

Image Credit: Flickr

Freelance Writing Tips: Everything (Almost) You Need To Know is a post by Minterest

Why Market Timing Doesn’t Matter And When Does It Costs A Fortune

Posted: 20 Jul 2015 11:00 PM PDT

Stock MarketImage Credit: Flickr

When I started Minterest back in 2006 it was a personal finance blog — and my goal was to aggregate all things personal finance. Later in 2007 I transformed the website into an internet marketing and technology blog and coined the tagline "Money, Internet, Investing". But I never published any investing related blog posts all these years — except the Warren Buffett quotes.

Don’t Miss: 101 Hand-picked Warren Buffett Quotes On Investing

A few weeks earlier I came across an interesting blog post about market timing and it has inspired me to write my own version.

On that blog post, Dev created few charts based on three investors. First investor invested in stock market on monthly highs, the second investor invested on monthly lows, and the third investor invested on monthly averages.

Dev shows that the perfect investor (who invested on monthly lows) is not a big outperformer when compared to the one who invest on monthly highs or averages. Well, it sounded so exciting that I wanted to do its math by myself (as he didn't include it on that blog post).

So today, my goal is not only to decode the math, but also to point out when  market timing do really matter and when it doesn’t.

First things first. What exactly is marketing timing?

Here's what Wikipedia has to say about Market Timing:

Market timing is the strategy of making buy or sell decisions of financial assets (often stocks ) by attempting to predict future market price movements. The prediction may be based on an outlook of market or economic conditions resulting from technical or fundamental analysis. This is an investment strategy based on the outlook for an aggregate market, rather than for a particular financial asset.

In other words, it's all about buying stocks assuming that the market is going to climb higher. And switching to cash and cash equivalents assuming that the market is going lower.

Everybody want to buy low (lowest low) and sell high (highest high). And everybody want to exit at the peak of the current bull market and reenter at the beginning of the next bull market. Nobody like to lose. The reality? It's impossible!

I tried, too. But failed once twice several times.

Coming back…

Here’s Why Market Timing Doesn’t Matter Long Term

I used the S&P 500 index and the CNX NIFTY index to do my math. You can apply this math virtually on any stock market index.

S&P 500, or the Standard & Poor’s 500, is an American stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ.

CNX Nifty, also called the Nifty 50 or simply the Nifty, is National Stock Exchange of India’s benchmark stock market index for Indian equity market.

Let’s see what would have happened if you have invested $100 every month in S&P 500 (^GSPC) at its monthly highs, lows, and closing price since 1985. Or, what would have happened if you have invested Rs. 1,000 every month in CNX Nifty 50 (^NSEI) at its monthly highs, lows, and closing price since 2000.

S&P 500

S&P 500 Market Timing

CNX NIFTY 50

CNX Nifty Market Timing

As you can see, all the three investors (namely A, B, and C) were investing $100 in S&P 500 (or Rs. 1,000 in CNX Nifty) a month. The only difference is the market timing. “Investor A” was investing at monthly highs, “Investor B” was investing at monthly lows, and “Investor C” was investing at monthly closing price.

Now let’s say “Investor A” is the smartest and “Investor B” is the dumbest and “Investor C” is the average investor.

But you know it’s IMPOSSIBLE to buy a stock at its highest high or lowest low. It basically means that “Investor A” and “Investor B” doesn’t/can’t exist in reality. However, it’s very much possible to buy a stock at its closing price so anyone can be an average investor.

It’s very evident from the chart that there was no remarkable out performance by the smartest investor who timed the market perfectly — every single month for the past 3 decades. Again, there was no big under performance by the dumbest investor who always invested at market highs.

It’s worth to mention that to be that “smartest” or the “dumbest” investor you’ve to become an active investor who monitors the market on a daily, weekly or monthly basis and must also spend additional time for research (to time the market). But to become an “average” investor you don’t have to monitor the market on a daily basis and don’t even have to care about the purchase price.

Will It Work For Individual Stocks?

The answer is ‘Yes’ and ‘No’. Why? Well, it works when the stock is moving only in one direction — that’s “up” — in the ultra-long term. If you have picked the wrong stock(s) then nothing works.

That’s why Warren Buffett has mentioned on his recent Annual Letter to Shareholders that:

"Huge institutional investors have long underperformed the unsophisticated index-fund investor who simply sits tight for decades." — Warren Buffett

That said, if you picked the ‘right’ stocks then with this strategy your returns could be immensely larger than the average returns of the stock market indices.

For instance, consider the following chart. I’ve compared the stock performance of 5 computer companies — that you and I are familiar with — over the past 15 years (2000-2015). Why year 2000? Because it was the peak of the dot-com bubble.

Screen Shot 2015-07-15 at 12.39.31

As you can see from the chart (go here to see the comparison chart directly on Google Finance), even after 15 years, the stock prices of Microsoft, Yahoo, and Hewlett-Packard are way below its dot-com bubble peak.

So imagine what would have happened if you were buying it all these years. But the Dow Jones is up 58%. Meanwhile, Google (the IPO was in 2004) and Apple outperformed the main index and other stocks in a remarkable way.

The Problem With Moving Averages & P/E Multiples

"In the business world, the rearview mirror is always clearer than the windshield." — Warren Buffett

Now I'm going to assume that you’re not an amatuer investor and you know the basic equity valuation metrics like — Simple Moving Averages (SMA), Earnings Per Share (EPS), and Price-Earnings Ratio (P/E Ratio).

Let’s say you’re a value investor and you want to buy only when the valuations look attractive. So you want to enter the market only when the index or a stock is trading at its 200-day moving average or is trading below a P/E ratio of X times.

The problem with this strategy is that the market does not move the way you want it to. It may take several years to hit the levels you want and when it doesn’t there’s a very high probability that you will miss it as there will be a lot of bad news around the market at that time and all the “investment gurus” must be giving SELL calls.

Another problem is… even if you managed to allocate 100% of your capital at the lower levels there’s  very good chance that it was not the lowest-low. And your portfolio will soon start showing red ticks over the next few days, weeks or even months.

For example, here in India the historical average P/E ratio of CNX NIFTY is around 18 times. So, let’s say an attractive level could be 15 P/E. But the last time it hit those levels was back in August, 2013 and before that it was in 2008 only.

So if the market bounced back from a P/E of 16 and you were waiting for a P/E of 15 times then you would be sitting on the sidelines for months (if not years). Again, the reverse would happen when you were fully invested at P/E of 16 and the market goes all the way to P/E of 11. Yes, it too happens — all the time.

Closing Thoughts

Every investor follows his own style of investing. I have mine and you have yours. I didn’t mean in any way that investment in equity is risk-free. Like I have already mentioned I was just curious to decode the math behind Dev’s calculation and I chose to blog it.

What you should realize is — you don’t have to be a perfect investor. Patience and discipline is everything in the world of investing. That’s why they say “time in the market is more important than timing the market.“.

One more thing… the above strategy is applicable only when you want to invest X amount of money in the market every month. It’s called a Systematic Investment Plan (SIP) — also referred to as a contractual plan or a periodic payment plan.

If you are risk-taker and is an aggressive investor then it makes more sense to invest in individual stocks than index ETFs or funds. For instance, I never invested in a Systematic Investment Plan (SIP) personally. Instead, I prefer to buy individual stocks whenever there’s a market correction and I use dollar-cost averaging to minimize losses and maximize gains. And I rarely buy more quantity when its current market price is way more than my previous purchase price. When it happens I pick another stock and repeat the same.

Note: I haven’t considered dividends (or reinvestment of dividends) while doing the math. So if you reinvest dividends as well then the returns could be more. Also, I used the data from Yahoo Finance, CNBC, and Google Finance to do all the math. Well, I tried my best to avoid all sorts of error it’s still possible. You can download the original Excel Sheets that I’ve created here (or via Dropbox). And do let me know as a comment below if you noticed an error or any information that requires more clarity.

Why Market Timing Doesn't Matter And When Does It Costs A Fortune is a post by Minterest

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